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Hi Michael, excellent read this week, as always.

I’m curious about the point you make at the end about us not having enough evidence on rents for new tenancies being driven up while existing tenancies are protected. Would this not be something we can get some insight on by comparing data from asking prices to existing rents? For example, the Daft reports give a national asking-price rent for Q2 of €1,477 nationally, whereas the RTB Standardised Average Rent for Q2 is €1,352. Would this give us a good idea on how much the two parts of the market are diverging or not under RPZs? Thanks!

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